Common use of Transfer of Claims Clause in Contracts

Transfer of Claims. a. Although we may have no obligation to do so, if we credit a Master Account or Account in relation to a claim against a third party such as a Merchant, Travel Booking Provider or Travel Service Provider, You shall automatically be deemed to have assigned and transferred to us any related rights and claims (excluding tort claims) that You have, had or may have against any third party for an amount equal to the amount we credited to the Account. You hereby give consent in advance to such assignment, without any further notification being required.

Transfer of Claims. a. Although we may have no obligation to do so, if we credit a Master Account or your Account in relation to a your claim against a third party such as a Merchant, Travel Booking Provider or Travel Service Provider, You shall you are automatically be deemed to have assigned and transferred to us us, any related rights and claims (excluding tort claims) that You you have, had or may have against any third party for an amount equal to the amount we credited to the your Account. You hereby give consent in advance to such assignment, without any further notification being required.

Transfer of Claims. a. Although we may have no obligation to do so, if we credit a Master Account or Account in your Accountin relation to a your claim against a third party such as a Merchant, Travel Booking Provider or Travel Service Provider, You shall you are automatically be deemed to have assigned and transferred to us us, any related rights and rightsand claims (excluding tort claims) that You you have, had or may have against any third party for an amount equal to the amount we credited to the your Account. You hereby give consent in advance to such assignment, without any further notification being required.

Transfer of Claims. a. Although we may have no obligation to do so, if we credit a Master Account or Account in relation to a claim against a third party such as a Merchant, Travel Booking Provider or Travel Service Provider, You shall automatically be deemed to have assigned and transferred to us any related rights and claims (excluding tort claims) that You have, had or may have against any third party for an amount equal to the amount we credited to the Account. You hereby give consent in advance to such assignment, without any further notification being required.

Transfer of Claims. a. Although we may have no obligation to do so, if we credit a Master Account or Account in relation to a claim against a third party such as a Merchant, Travel Booking Provider or Travel Service Provider, You shall automatically be deemed to have assigned and transferred to us any related rights and claims (excluding tort claims) that You have, had or may have against any third party for an amount equal to the amount we credited to the Account. You hereby give consent in advance to such assignment, without any further notification being requiredrequired and agree to give your consent and cooperation when needed to such transfer concerning future claim or rights.